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November 5, 2017 11:39 pm GMT

SoftBank increasing Sprint stake after T-Mobile deal called off

The proposed tie-up between two American telecom giants was formally called off this weekend. Sprint and T-Mobile had been negotiations for months but ultimately decided not to go forward with a deal. “The companies were unable to find mutually agreeable terms,” the businesses announced in a joint press release Saturday. Last week, reports suggested that the deal was on the verge… Read More

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